Department for Business, Energy and Industrial Strategy

Business Update

lord henley: My Rt hon Friend the Secretary of State for Business, Energy and Industrial Strategy (Greg Clark), has today made the following statement:The Government has published its public consultation in response to the Independent Review of the Financial Reporting Council (FRC).The UK has always been a world leader in audit and accounting services, with world-class frameworks for corporate reporting, corporate governance and regulatory oversight. Our modern Industrial Strategy sets out our vision to ensure that the UK is the best place to start and grow a business and is an attractive place to invest. The Government sees a tough and robust regulator, and an audit sector with the highest standards, as a key part of that strategy. Stronger regulation of audit will benefit all, giving shareholders, investors, and the wider public every confidence in company reports and audited accounts.In April 2018, I commissioned Sir John Kingman to undertake a root and branch review of the FRC to ensure the UK continues to stand as a beacon, with a first-class regulator of audit and corporate reporting. The Review published a comprehensive set of challenging recommendations in December 2018, designed to transform the regulation of these important functions which underpin the economic life of our country.The Government welcomes and shares the Review’s vision for a new regulator with a new mandate, leadership, and stronger statutory powers. The Government intends to move swiftly to implement these reforms, replacing the FRC with a new regulator called the “Audit, Reporting and Governance Authority”. This new body will build on the UK’s status as a great place to do business and will form an important part of strengthening public trust in businesses and the regulations that govern them, ensuring that the UK maintains and advances its status as a place of the highest standards in audit. In the interim period, until the new regulator is in place, we will be working with the FRC taking forward 48 of the Review’s recommendations.Through the consultation the Government also seeks views on how more complex recommendations should be taken forward; notes where further detailed policy development will be undertaken, and a further consultation will be published; and confirms where matters are for other authorities to consider.There is a range of important work going on in relation to the audit market, and we also look forward to receiving the findings of the Competition and Markets Authority’s market study of the audit sector and of Sir Donald Brydon’s review into the quality and effectiveness of audit. That work, taken together with the Independent Review of the FRC, will enable us to deliver a major set of reforms of company audit, accounting and reporting which will ensure the UK’s corporate regime is of the highest quality.The consultation document will be placed in the Libraries of both Houses and available on the Gov.UK website. The consultation will run for 12 weeks and I look forward to the continued contribution of interested parties.


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Energy Policy

lord henley: My Rt hon friend the Minister of State for Energy and Clean Growth (Claire Perry) has today made the following statement: Today, the Government will publish legislation for a short extension to the deadline for UK operators participating in the EU Emissions Trading Scheme (ETS) to surrender their emission allowances for the 2018 scheme year. The Government remains committed to meeting its target to reduce its greenhouse gas emissions by at least 80 per cent by the year 2050, relative to 1990 levels. The UK also remains strongly committed to achieving the climate goals of the Paris Agreement. This includes our commitment to carbon pricing as an emissions reduction tool, whilst ensuring energy and trade intensive businesses are appropriately protected from any detrimental impacts on competitiveness. Our participation in the EU ETS has shown the benefits of carbon pricing, which gives emitters a choice to reduce their emissions where it is economic to do so, achieving our environmental goals in the least-cost way to society. The EU ETS covers around 1000 installations and approximately 140 aircraft operators in the UK. Across the EU ETS, the scheme covers around 45% of the EU's greenhouse gas emissions. EU ETS participants are required to monitor their emissions during each calendar year, and at the end of each reporting year, surrender one emissions allowance for every tonne of carbon dioxide equivalent (CO2e) they have emitted, to meet their EU ETS obligations. This legislation would extend the deadline for UK operators to surrender allowances from 15 March 2019 to 26 March 2019. The deadline for UK operators to report their 2018 emissions to their regulator remains 11 March 2019. This short extension to the deadline to surrender allowances would allow all UK operators additional time to meet their EU ETS compliance requirements. UK operators would still be able to surrender allowances to meet their 2018 compliance obligations on any date before 26 March 2019. This extension does not change the requirement for all UK operators to comply fully with their obligations under the EU ETS.


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Ministry of Defence

Recruiting STEM Graduates into Defence

earl howe: My right hon. Friend the Minister of State for the Armed Forces (Mark Lancaster TD VR MP) has made the following Written Ministerial Statement. The Ministry of Defence is strongly committed to recruiting and developing the brightest and best young people it can to support our Armed Forces and wider Defence requirements. In an increasingly complex and technologically driven world, the need for talented individuals with a wide variety of Science, Technology, Engineering and Mathematics (STEM) skills has never been greater. They will be central to developing, maintaining and exploiting our current and future military capabilities, to help Defence stay at the leading edge of technological change. Through their contribution to innovation and experimentation, to harness new technologies, we will be better prepared to meet the challenges and threats of today and tomorrow. Defence has been reviewing its STEM graduate requirement and will put in place a new, targeted scheme to recruit undergraduates in related subjects; the STEM Graduate Inflow Scheme (SGIS). This scheme has been designed to significantly increase the number of STEM graduates brought into Defence and the variety of STEM disciplines they are from. It will be open to undergraduates across all UK Universities and be supported by a competitive financial package. The new scheme will also be more flexible and enable Defence to adapt quickly to future changes in requirement. The new scheme will replace the current Defence Technical Officer and Engineer Entry Scheme (DTOEES), which has produced some excellent young graduates but is not meeting Defence’s requirements or providing sufficient value for money. Ending the current scheme will also mean that the Defence Sixth Form College (DSFC) at Welbeck will close, with a final intake in September 2019. The DSFC was set up in 2005, providing STEM focused education opportunities for 16-18 year olds prior to going up to University as Defence bursars. But Defence needs to increase numbers well beyond the current scheme’s ability to deliver, and it needs to be more responsive and agile to succeed in an increasingly competitive market for STEM graduates in the UK and globally. Full transition to the new scheme will take place incrementally over the next five years, during which the current intake of students will be fully supported. For the final two years Welbeck remains a going concern. That time will be used productively to work with local authorities and stakeholders to seek the best possible future use of this impressive school, including within the education sector or an alternative use within Defence.

Foreign and Commonwealth Office

Voluntary Report on the Implementation of International Humanitarian Law at Domestic Level

lord ahmad of wimbledon: My Right Honourable Friend, the Secretary of State for Foreign and Commonwealth Affairs (Jeremy Hunt), has made the following written Ministerial statement:I am delighted to inform the House that the Foreign and Commonwealth Office (FCO) has today published the United Kingdom Government’s first ‘Voluntary Report on the Implementation of International Humanitarian Law at Domestic Level’.The publication of this report reflects the UK Government’s determined commitment to the proper implementation of, and compliance with, International Humanitarian Law (IHL). This is a vital responsibility of all States. IHL is the manifestation of the long-standing determination of the international community to limit the effects of armed conflict. In an age where IHL continues to be violated frequently by both States and non-State parties to conflict, it is critical to reinforce these fundamental humanitarian rules that form an integral part of the international order in times of conflict. We are proud of our strong record of IHL implementation and compliance.The Voluntary Report aims to explain in a single document the key steps that the United Kingdom has taken at a domestic level to implement IHL. Publishing specific examples of our practice to implement IHL is intended to help improve understanding of IHL, and encourage and inform dialogue on IHL issues both at home and abroad. We hope it will encourage other States to publish details of their activities to implement IHL at the domestic level, to better identify best practice and ultimately to improve implementation and compliance with IHL.I am grateful to the United Kingdom National Committee on International Humanitarian Law for leading the compilation of this Voluntary Report. The British Red Cross, in its capacity as an auxiliary to the UK Government, deserve special thanks for assisting the FCO with the production of this Voluntary Report.The Voluntary Report will be available on the gov.uk website. I will also place a copy in the library of the House.


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Department of Health and Social Care

NHS Update

baroness blackwood of north oxford: My Hon. Friend the Parliamentary Under Secretary of State for Public Health and Primary Care (Steve Brine) has made the following written statement:Dental charges remain an important contribution to the overall cost of the NHS budget. We have taken the decision to uplift dental charges for those who can afford it, through a 5% increase this year.This means that the dental charge payable for a band 1 course of treatment will rise by £1.10 in 2019-20, from £21.60 to £22.70. The dental charge for a band 2 course of treatment will increase by £3.00 in 2019-20, from £59.10 to £62.10. The charge for a band 3 course of treatment will increase by £12.80 in 2019-20, from £256.50 to £269.30.The uplift continues with the aim of finding an appropriate balance between the costs paid by service users and those met by the NHS through the contributions of taxpayers.Those who qualify for free dental treatment will remain entirely exempt from charges. Those under the age of eighteen, those under the age of nineteen and in full-time education, pregnant women or those who have had a baby in the previous twelve months, and those on qualifying low income benefits will not be impacted by these changes.Even those not entitled to exemption from dental charges, but who are on low incomes, are eligible to receive full or partial help with dental charges through the NHS Low Income Scheme.This policy will allow us to continue to protect the most vulnerable through exemptions and the NHS low income scheme. We therefore consider that the proposed uplifts in charges are fair and proportionate and will support NHS front line services.Details of the revised charges for 2019-20 can be found in the table below; BandDescription2019/20 (proposed patient charge) 1This band includes examination, diagnosis (including radiographs), advice on how to prevent future problems, scale and polish if clinically needed, and preventative care (e.g. applications of fluoride varnish or fissure sealant)£22.702This band covers everything listed in band 1, plus any further treatment such as fillings, root canal work or extractions£62.103This band covers everything in bands 1 and 2, plus course of treatment including crowns, dentures, bridges and other laboratory work£269.30UrgentThis band covers urgent assessment and specified urgent treatments such as pain relief or a temporary filling or dental appliance repair£22.70


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